Trump announced plans to impose 10% tariffs on Chinese goods “above any additional tariffs,” after blaming the country for the inflow of illegal fentanyl into the U.S.

On the campaign trail, Trump claimed to his supporters that tariffs are ‘not going to be a cost to you, it’s a cost to another country.’ Economists warn this isn’t the case

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.